Janus Forty Fund (JACTX)

High-Conviction Large-Cap Growth Equities



Inception Date5/1/1997
NAV (As of 10/6/15 )$31.44
Total Net Assets (As of 8/31/15)$2.25B
Annual Expense Ratio
(As of fiscal year end 9/30/14)
GROSS 0.77%
NET 0.77%

Performance (As of 9/30/15)
1 Year11.10%
3 Year14.52%
5 Year13.38%
10 Year8.19%
Morningstar (As of 9/30/15)
CategoryLarge Growth
Style Box

Returns quoted are past performance and do not guarantee future results; current performance may be lower or higher. Investment returns and principal value will vary; there may be a gain or loss when shares are sold. For the most recent month-end performance click here.

Returns greater than one year are annualized.

Net expense ratios reflect the expense waiver, if any, Janus Capital has contractually agreed to through 2/1/16.

Quarterly Commentary - Q2 2015


U.S. large-cap growth equities were up slightly, trading in a range-bound environment most of the period.

The Fund outperformed its benchmark.

We continue to be encouraged by the U.S. economy, but expect a modest return environment for equities in the coming months, as earnings, rather than multiple expansion, drive stock performance.


Doug Rao

Doug Rao

Fund Manager since 2013
Industry since 1998